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Russian Central Bank Governor Elvira Nabiullinawarned Thursday that more drastic changes in monetary policy may be required as the country's rumbling war economy drives inflation far above target levels.Nabiullina's remarks, made to a group of State Duma legislators, come a week after the Central Bank hiked its essential rate to a record-high 21%, taking
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Read more: [Russia] - Russia's Central Bank Chief Vows 'Tough' Response in Fight Against Inflation
Write comment (96 Comments)At least four people were killed and 11 injured when a gas explosion ripped through an apartment building in the North Caucasus republic of Karachayevo-Cherkessia, regional authoritiessaid Thursday.
Video of the explosion site published by regional emergency officialsshowed the partially collapsed top two floors of the five-story building in the
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Read more: 4 Killed in Gas Explosion in Russia’s Karachayevo-Cherkessia
Write comment (96 Comments)The head of Russia's human rights council on Wednesday called Moscow's significant crackdown on dissent part of hygienic procedures while the nation battles in Ukraine, denying the presence of political repression.Russia has actually banned criticism of its war on Ukraine, handing out jail terms or fines to those who denounce it. All of President Vladimir
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Washington on Wednesday unveiled a new round of sanctions against almost 400 people and companies it accused of supplying Russia with advanced technology to support its "war machine."
The U.S. Treasury Department announced sweeping sanctions against 275 individuals and entities in countries including India, China, Switzerland and Turkey, with the
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Read more: U.S. Sanctions Nearly 400 Firms, Accusing Them of Aiding Russia’s War Effort
Write comment (90 Comments)Russian police in annexed Crimea charged a woman with child neglect after her 10-year-old daughter allegedly posted a video online that "discredited" the Russian army, authorities said Wednesday.
The video, shared on Russian Telegram channels, showed a girl choosing between Russian and Ukrainian flags, with an angry face emoji next to the Russian
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Read more: Police in Annexed Crimea Charge Woman Over 10-Year-Old Daughter’s ‘Pro-Ukraine’ Video
Write comment (95 Comments)Russia’s Foreign Ministrysaid Wednesday that it summoned the Finnish ambassador in Moscow to protest the seizure of Russian state properties in connection to a Ukrainian lawsuit.
A Finnish court ordered the confiscation of $4.25 billion in Russian-owned assets at the request of Ukraine’s national gas provider Naftogaz. The order relates to a ruling
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Read more: Moscow Summons Finnish Ambassador Over Property Seizures
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